Nelco Partners with Elveo for Next-Gen Satellite Connectivity in South Asia
Nelco Ltd, a Tata Group company and satellite communication provider, has announced a strategic partnership and investment in Elveo Mobile (Elveo), a global Direct-to-Device (D2D) satellite mobile connectivity solutions provider. This collaboration aims to bring Elveo's next-generation D2D and IoT connectivity solutions to sectors like automotive, maritime, energy, and government in India and South Asian markets. The partnership will enable universal communications and address coverage gaps for enterprise-grade solutions, including telematics, fleet tracking, and disaster response. Both companies anticipate significant growth in the Satcom market through this venture, expanding Nelco's offerings and Elveo's global reach.
Key Highlights
- Nelco partners with Elveo for Direct-to-Device (D2D) satellite connectivity.
- Focus on expanding IoT and D2D services in India and South Asia.
- Targets sectors including automotive, maritime, energy, and government.
- Aims to close coverage gaps with reliable, next-gen communication solutions.
- Strategic investment in Elveo to drive Satcom market growth.
Price Impact
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